This ratio measures the total funds generated per dollar of resources under the PHA’s control, which include public housing funds, non-federal funds PHAs have generated from other business activities, and the value of the PHA’s real estate assets. This ratio shows that RAD conversions raised $3.53 from other funding sources (the numerator) for every dollar the PHA invested from its own internal resources (the denominator). This ratio reflects all funds that are within a PHA’s direct control versus the other resources generated through a RAD transaction.
| $3.53 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $9,495,690,670 |
| Commercial FHA Loan | $3,518,113,415 |
| Deferred Developer Fee | $1,221,990,395 |
| Interim Income | $537,544,886 |
| Accrued & Unpaid Interest | $477,343,878 |
| Federal Home Loan Bank AHP | $108,333,727 |
| HOME | $290,099,511 |
| CDBG | $178,463,348 |
| Other Federal Funds | $274,251,528 |
| State or Local Funds | $4,499,801,820 |
| National Housing Trust Fund | $108,562,492 |
| Sponsor or Partner Funds | $609,226,576 |
| Philanthropic/Foundation | $9,017,692 |
| Tax Credit Equity | $14,813,418,737 |
| GP Equity/Reinvested Capital | $267,764,382 |
| Equity | $193,442,313 |
| Total | $36,603,065,370 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $7,260,266,207 |
| PHA Non-Federal Funds | $673,587,826 |
| Public Housing Operating Reserves | $585,038,181 |
| Public Housing Capital Funds (incl DDTF) | $975,558,218 |
| Public Housing RHF | $224,857,258 |
| Housing Choice Voucher Funds (MTW agencies only) | $480,952,179 |
| Public Housing Program Income | $40,453,050 |
| Choice Neighborhood Funds | $119,316,990 |
| Total | $10,360,029,909 |